Michelle Mone is set to take a leave of absence from the House of Lords with immediate effect.
The Scottish peer, from Glasgow's east end, is at the centre of controversy over her alleged links to a firm awarded a PPE contract following allegations she benefitted from government Covid contracts.
A spokesman for Tory peer Baroness Mone said: "With immediate effect, Baroness Mone will be taking a leave of absence from the House of Lords in order to clear her name of the allegations that have been unjustly levelled against her."